Lake Grove, NY Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Lake Grove, NY is $720,000, up 7.5% year-over-year. Homes sell in an average of 31 days with 14 active listings. The market is currently a seller's market.
$720,000median sale price
Is Lake Grove a buyer's or seller's market?
Lake Grove, NY is currently a seller's market, based on 3.5 months of supply and homes selling in about 31 days. How we determine this →
Homes sold
4
Last 12 weeks
Days on market
31
Average pace
Active listings
14
3.5 months supply
Sale-to-list
100.2%
Above asking
Lake Grove, NY market data
| Metric | Value |
|---|---|
| Median sale price | $720,000 |
| Median list price | $699,000 |
| Year-over-year price change | +7.5% |
| Average days on market | 31 days |
| Active inventory | 14 listings |
| Months of supply | 3.5 months |
| Sale-to-list price ratio | 100.2% |
| Market condition | Seller's market |
Source: Redfin · Updated weekly
The Lake Grove housing market is currently classified as a seller's market with a median sale price of $720,000. Prices have risen 7.5% compared to last year, with homes spending an average of 31 days on market, indicating 3.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Lake Grove
There are currently 14 homes listed for sale in Lake Grove, New York. The median listing price is $699K.
Active listings
14
Homes on market
Median list price
$699K
Avg. days on market
31
Days until sale
New this week
7
Newly listed
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Frequently asked questions
What is the average home price in Lake Grove?
The median home sale price in Lake Grove is $720,000, up 7.5% from last year.
How long do homes stay on market in Lake Grove?
Homes typically spend 31 days on market before going under contract.
Is Lake Grove a buyer's or seller's market?
With 3.5 months of supply, Lake Grove is currently a seller's market.
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